Pepsi
Pepsi
Pepsi
CERTIFICATE
OF
PROJECT WORK
_______________________________________________
Of
___________________
the curriculum of
MASTER OF
PROJECT GUIDE
EXTERNAL EXAMINER
ACKNOWLEDGEMENT
Special thanks to Prof. S.N.CHITALE my internal guide for this project for giving me
expert guidance, full support and encouragement in completing my project successfully.
I take this opportunity to thanks my parents for giving guidance and for their patience and
understanding me while I am busy with my project work.
Lastly I am thankful to God for giving me strength, spirit and also his blessings for
completing my project successfully.
INDEX
SR
CONTENTS
PAG
O.
NO.
1.
INTRODUCTION
2.
COMPONENTS OF IMC
3.
4.
5.
6.
7.
8.
9.
10.
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12
13
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CONCLUSION
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BIBLIOGRAPHY
Introduction
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COMPANY PROFILE
PepsiCo entered India in 1989 and has grown to become the countrys largest
selling food and Beverage Company. One of the largest multinational investors
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in the country, PepsiCo has established a business which aims to serve the long
term dynamic needs of consumers in India.
PepsiCo India provides direct and indirect employment to 150,000 people
including suppliers and distributors.
PepsiCo nourishes consumers with a range of products from treats to healthy
eats that deliver joy as well as nutrition and always, good taste. PepsiCo Indias
expansive portfolio includes iconic refreshment beverages Pepsi, 7 UP, Mirinda
and Mountain Dew, in addition to low calorie options such as Diet Pepsi,
hydrating and nutritional beverages such as Aquafina drinking water, isotonic
sports drinks - Gatorade, Tropicana 100% fruit juices, and juice based drinks
Tropicana Nectars, Tropicana Twister and Slice, non-carbonated beverage and a
new innovation Nimbooz by 7Up. Local brands Lehar Evervess Soda, Dukes
Lemonade and Mangola add to the diverse range of brands.
PepsiCos foods company, Frito-Lay, is the leader in the branded salty snack
market and all Frito Lay products are free of trans-fat and MSG. It manufactures
Lays Potato Chips, Cheetos extruded snacks, Uncle Chipps and traditional
snacks under the Kurkure and Lehar brands and the recently launched Aliva
savoury crackers. The companys high fibre breakfast cereal, Quaker Oats, and
low fat and roasted snack options enhance the healthful choices available to
consumers. Frito Lays core products, Lays, Kurkure, Uncle Chipps and
Cheetos are cooked in Rice Bran Oil to significantly reduce saturated fats and
all of its products contain voluntary nutritional labeling on their packets.
The group has built an expansive beverage and foods business. To support its
operations, PepsiCo has 36 bottling plants in India, of which 13 are company
owned and 23 are franchisee owned. In addition to this, PepsiCos Frito Lay
foods division has 3 state-of-the-art plants. PepsiCos business is based on its
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Competitors Analysis
Major Competitors
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Segmentation
The market has being segmented by pepsi on the following grounds. Pepsi
Co have adopted different marketing strategy for rural and urban areas.
Age
India is considered to be a young country i.e. average age of Indian population
is less 38years. Thus targeting young generation can be a
beneficial marketing strategy for soft drink companies. In fact this is the case,
all the major brands like Pepsi, coca cola, and thumps up, mainly target
younger generation in India.
In Europe, as average population is older than Asian countries, Coca cola
targeted the older generation of the population. Similarly in USA, Pepsi targeted
the generation X (younger generation) as they comprises majority of the
population and they positioned Pepsi in the mind of youth that Pepsi is for the
youth.
Pepsi targets the youth of India. Its campaigns generally focus on the teens and
young adults. It attempts to capture the youth of today by focusing on their
personality, lifestyle and their attitude in its advertisements.
Geographic segmentation
Pepsico has segmented the market on the basis of rural and urban area. As the
climate of the country is hot and dry it aims at the geographical areas where
people actually require something to quench their thirst. That is why pepsi came
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with chotta pepsi in rural areas to tap the market where people want cold drink
which is good as well as cost effective.
Taste and Preferences
According to the taste and preference of the customers pepsi came up with a
product like diet pepsi. It came up with diet pepsi in order to cater to the needs
of those people who are very health conscious.
Moreover with their nimobooz lemon drink the company has targeted the most
preffered Indian drink that is nimbu pani and has been a huge success. The
company has sold more than 50 lakhs cases of Nimbooz in just 2 years.
Behaviour segmentation
In occasions like parties, birthdays, sports and regular occasions the soft drinks
are preferred at every occasion. It is liked by each and every member of the
family whether a child or an adult or an teenager. Even if there is no occasion
due to environmental factors people do purchase pepsi.
Psychographic segmentation
Mirinda : Girls Savy drink
Dew : For the people who dare
My Can : for the trendy
Pepsi : for Youngistan.
Tropicana : heatlth conscious people.
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Targeting
Pepsi targets both the rural as well as the urban segments. For urban segments
the targeting strategy is trendy cans ,fridge packs which is mostly trendy and
liked by the youngsters. The rural market is targeted with entirely different
strategy altogether. They keep price as an important decision making variable.
Positioning
Pepsi has always been brand that embodies the most prevalent youth
sentiment. Over the years as youth has evolved, so have Pepsis
positioning and language.
.Pepsi prefers to position itself as the beverage choice of the New
Generation, Generation Next, or just as the Pepsi Generation. These
terms adopted in Pepsis advertising campaigns are referring to the markets that
marketers refer to as Generation X. The Generation X consumer is profiled to
be between the ages of 18 to 29. They have high expectations in life and are
very mobile and active. They adopt a lifestyle of living for today and not
worrying about long-term goals. Though Pepsis main emphasis is on this
segment but they also have a focus on the 12 to 18 year old market. The rich
deep blue colouring represents eternal youthfulness and openness.
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PepsiCos Campaigns
Pepsi
Pepsi began with the Yehi hai Right Choice Baby campaign, which has been
one of the most memorable campaigns of the brand, featuring celebrity
endorsers such as Shah Rukh Khan among others. The focus, as is clearly
evident, is on the product with the youth as its target segment.
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Yeh Dil Mange More and Yeh Pyaas Hai Badi were some of the later
campaigns. The latest campaign Yeh Hai Youngistan Meri Jaan also targets the
youth.
Yeh Dil Mange More campaign was again a great success, having balanced the
emotional as well as the functional appeal of the product. Featuring Sachin
Tendulkar and many other leading stars at that point of time, this was also one
of the longest campaigns carried out by Pepsi. The company however failed to
maintain the trend and leverage it. Instead of moving on to a complete
emotional appeal platform, the company decided on a product based promotion
campaign. Though there is still some amount of emotional appeal to its
campaigns, the principal focus is on the product - it being a preferred thirst
quencher.
7 UP
In its early days, 7 UP inherited the global Fido-Dido campaign for promotion
in India as well. However, with changing times and a contextual difference in
India, a much more focused campaign was required. This led to the Keep It
Cool campaign, which was targeted primarily at the youth and the teenager
segment. Hence the appeal was at a more subtle, emotional level, which was
meant to convey a potential lifestyle statement. The recent campaign of Bheja
Fry essentially leverages on the same emotional appeal where the Keep It Cool
campaign has been somewhat tweaked to have a local appeal.
Mountain Dew
Mountain Dew is the latest entrant in the product portfolio. This product too has
the appeal of being the drink of a daredevil or the No Fear personality. The
campaigns launched include Do the Dew and Darr Ke Aagey Jeet Hai. The
initial campaign was unclear in terms of its appeal and the target segment, as a
result of which the brand suffered some jolts in the beginning. However, the
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latest campaign captures the No Fear or the Macho Man image. In this sense,
the brand directly competes with Thums Up from the Coca Cola Stable
About Youngistaan Campaign
This campaign has two new celebrities Ranbir Kapoor and Deepika Padukone
who acted in the two most-talked about Hindi films in 2007, to accompany
brand ambassador Shah Rukh Khan.
Ranbir confronts SRK while making a futile attempt at entering Deepikas
room to grab a Pepsi, Ranbir spots a poorly lit neon sign that reads Young
Hindustan Supermarket'. Due to the broken neon light, Ranbir spots just a
few letters. When asked, where he has come from, Ranbir, based on this
observation, replies, "Youngistaan".
This time we wanted an all-encompassing theme. Youngistan reflects the
mood of Indias youth, which is today keen to take the ropes and drive India,
says Punita Lal, executive director, marketing, PepsiCo.
Youngistan, hopes to cash in on the buzz surrounding todays youngsters.
Youngistan is not so much a place and it is a state of mind of todays youth.
While the term is new, what it stands for the GenNext attitude is not
new.
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The campaign targets teens and young adults of metros and phase II
cities.
Psychographics
The campaign attempts to capture the youth of today by focusing on their
personality, lifestyle and attitude of youth through the advertisement.
Targeting Strategy
The Youngistaan Campaign uses undifferentiated targeting strategy to
reach out to its target audience. That is it launched youngistaan campaign
for all the target audience in the same way.
Positioning
The campaign positioning is done on the basis of user approach i.e. a
personality based approach where a users image or association rubs off on
the brand image.
For this campaign Pepsi used the three most popular celebrities of the last
year i.e. Shahrukh Khan, Ranbir Kapoor, Deepika Padukone.
Placement of Youngistaan Campaign
The campaign was first launched on T.V during the tri-series matches in
February.
The campaign is launched with 360-degree activation across radio,
outdoor, modern trade, and Web and wireless platforms.
Pepsi has launched a website for Youngistan inside the Pepsi Cool Zone
and is planning to make it a responsive peer group site where youngsters
can visit and make comments on any topic.
Pepsi Youngistan is also sponsoring Wassup Youngistan on MTV, a
show where youth can voice their thoughts.
Advertising Agency of Youngistaan Campaign
JWT (J. Walter Thompson) is the advertising agency of Pepsi Youngistaan
Campaign. The idea is fast climbing the popularity charts. The seed of
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mountain dew advertisement depict the fear factor image by stating Darr
ke agge Jeet hai, this is one of the most successful campaigns for the
company as this latest campaign certainly seems to be a step in this direction;
the commercial attempts to associate the drink with ones ability to conquer fear
. It appears to be a cautious move to reposition the brand in an attempt to make
it more attractive to a wider consumer base.
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Homour :
The homour appeal has been very well used in various ad campaigns of pepsi
one of them being the snapshot of Chinese monk wherein he becomes after
rigorous hard work of years he tasted success and later the ritual to hammer his
head into the pepsi can to get the shape of the can on his forehead.
Slogans
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Media selection
Television : PepsiCo India, one of the countrys biggest advertisers, is
diversifying its ad spends away from television which once accounted for 90
per cent of the budget, to focus on other media, especially online, as it aims to
connect with its core youth audience.
The company has recently launched a television campaign, which aims at
connecting with consumers through gaming. The concept called The Game
will bring together gaming and TV advertising. The idea is to involve
consumers in our advertising and not just doing one-way communication,
Outdoor Media: PepsiCo has increased the share of non-TV advertising
spend to 30 per cent of its advertising budget. This includes print, outdoor
media, mall advertising, mobile related applications and the Internet.
Internet :This year pepsico had decreased its superbowl expenditure budget
to increase its presence on online media to focus on youth. It has nearly
invested more than 20 million on online media with its refresh project and
create an impact on social networking sites like facebook twitter etc. Online
advertising is a focus area for us because youngsters these days are hooked to
the Net,.
Sponsorships
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Pepsi has sponsored various sports events like icc world cricket league, many
india Pakistan matches, IPL and also many other regional events. Pepsi
Youngistan is also sponsoring Wassup Youngistan on MTV, a show where
youth can voice their thoughts.
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ask for! Digital media is known as digitized content (text, graphics, audio and
video) that can be transmitted over the Internet.
While digital media consumption such as twitter, facebook, youtube etc have
increased tremendously, Pepsi cannot ignore consumers who still rely on
traditional media for their informative and entertainment needs, as a result, 2/3
of their advertising budget is still dedicated to traditional media. Marketers must
strike a good balance between using traditional and digital/social media and
other promotional tools.
Bibliography
www.google.com
www.pepsico.com
www.pepsicoindia.com
www.wikipedia.com
www.docstoc.com
www.advertisers.com
http://www.ukessays.com/essays/marketing/promotion-mix-to-create-animc-campaign-marketing